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U.S. stock futures climbed during early European trading hours, extending the positive momentum fueled by reported diplomatic progress between the United States and Iran. Significantly, the technology sector saw a pause in its recent downward trend, providing a much-needed boost to broader market sentiment. This 'risk-on' environment continues to weigh on gold prices XAU/USD as investors rotate out of traditional safe-haven assets. Meanwhile, the U.S. Dollar Index DXY held onto its gains, reflecting sustained confidence in the macroeconomic outlook. Analysts suggest that the stabilization in tech stocks is a key driver for the current bullish momentum on Wall Street. Market participants remain focused on the potential impact on crude oil WTI prices should a diplomatic breakthrough lead to the easing of energy sanctions.
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